1. Asian Markets Weak
    • Asian shares slipped amid global growth worries and uncertainty about U.S. interest rate policy.
    • Investors are awaiting clearer signals from the U.S. Federal Reserve.
  2. Global Tech & AI Rally
    • Tech and AI stocks continue to drive gains worldwide.
    • Nvidia jumped after announcing a major investment in AI research.
    • Gold prices also rose as investors sought safe assets.
  3. India – Currency & Outflows
    • Rupee touched a record low of around β‚Ή88.80 per U.S. dollar before recovering slightly.
    • Foreign investors pulled nearly β‚Ή7,945 crore from Indian equities in September, taking total outflows this year to about β‚Ή1.38 lakh crore.
  4. India’s IPO Boom
    • IPO activity remains strong, with expectations that 2025 will surpass 2024 levels.
    • HSBC upgraded Indian equities to β€œOverweight,” forecasting Sensex could hit ~94,000 by end-2026.
  5. Global Risks
    • U.S. tariffs and visa policy changes are weighing on India’s exports and remittances.
    • Weak global manufacturing and services data raise concerns about slowing growth.